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Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay / Viking) and Heavy Oil Canada (Peace River / Peavine / Lloydminster). Its Eagle Ford assets are located in the core of the liquids-rich Eagle Ford shale in South Texas. The Eagle Ford shale covers approximately 269,000 gross acres of crude oil operations. Its Viking assets are located in the Dodsland area in southwest Saskatchewan and in the Esther area of southeastern Alberta. It also holds 100% working interest land position in the East Duvernay resource play in central Alberta.


TSX:BTE - Post by User

Bullboard Posts
Post by blackaceon Mar 01, 2018 11:59am
346 Views
Post# 27644463

Truly sad

Truly sadHow many, can't see the forest through the trees.  Oil has gone from $26 to $66 per barrel and all Oil & Gas companies are close to, or at there 52 week lows.  Wake up people!  The commodity is dead.  I argued against EV market infiltration, which I still beilieve will be slow, BUT I how now realized that even a 10% market infiltration will destroy demand for gasoline, and oil.  Beware of bulls on this and all other sites claiming that this (and all other O&G stocks) will double in the coming year.  They are likely paid posters working for the large financial institutions who themselves are slowly liquidating all oil & gas stocks whiile during this mass liquidation are brainwashing the retail sector into thinking there is a future in the same stocks they are selling.  I am not short, just out for good and trying to get through to anyone who doesn't want to be taken advantage of.   There are MANY other sound investments out there.

Bullboard Posts